One of the main problems I always have with tracking tools is removing myself from being tracked. I usually end up being the most active use.
With Live view, you can’t exactly remove yourself , but you can remove a particular city.
The idea behind of the Live view section, is to have a snapshot of the past three days activity in your site.
On the other side of the spectrum, you can use Retention to measure how often your visitors come back. The following graph shows you how many users came back within 24hs, one day, two days and so on.